Read the full judgment text of HCA 001320/2001 on BabelCite. This High Court CFI judgment was delivered on 19 April 2002.
1. The Plaintiff sues the Defendants for repayment of a loan. The loan was secured by a mortgage of a 83 ft. pleasure vessel, a San Lorenzo ("The Vessel"), owned by the 1st Defendant. The 1st Defendant now seeks to join the Third Party on the basis that it has a valid claim under a contract of marine insurance ("the Policy") effected with the Third Party.
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